Market bulletin · Thu, 22 Oct 2026
Canal Heights 2: 0 sales worth AED 0 in 30 days
Canal Heights 2 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: developer off-plan sales 94.4%, off-plan resales 5.6%.
In Business Bay, Canal Heights 2 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 11 August 2023.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 2,880 |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 2,911 |
| Aug 25 | — |
| Jul 25 | AED 2,810 |
| Jun 25 | AED 2,766 |
| May 25 | AED 2,875 |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 2,750 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 1 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 5 | 0 | 0 |
| Mar 26 | 2 | 0 | 0 |
| Feb 26 | 4 | 0 | 0 |
| Jan 26 | 1 | 0 | 0 |
| Dec 25 | 1 | 1 | 0 |
| Nov 25 | 3 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 1 | — | AED 1.30M | — | — |
| Last 6 months | 1 | down 94.1% | AED 1.30M | — | — |
| Last 12 months | 18 | down 79.8% | AED 63.6M | 2,855 | down 0.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 17 | 94% | AED 3.75M | 2,859 | down 1.5% |
| Off-plan resale | 1 | 6% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 2 | 11% | — | — | — |
| 1 bedroom | 2 | 11% | — | — | — |
| 2 bedrooms | 13 | 72% | AED 3.78M | 2,852 | up 3.5% |
| 3 bedrooms | 1 | 6% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 2 | 11% | — | — | — |
| AED 2M–10M | 16 | 89% | AED 3.77M | 2,856 | up 2.1% |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.30M | Studio Apartment · 456 sqftCanal Heights 2 · Business Bay | 20 Aug |
Questions about Canal Heights 2
How many properties were sold in Canal Heights 2 in the last year?
18 sales worth AED 63.6M were registered in the last 12 months: 94% developer off-plan, 6% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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